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What is the purpose of Bank of Beijing?
With the approval of the People's Bank of China and the Beijing Municipal Government, Bank of Beijing was established on the basis of the original 90 urban credit cooperatives in Beijing on129/0/996. Bank of Beijing was founded as "Beijing Urban Cooperative Bank Co., Ltd.". Bank of Beijing is one of the earliest city commercial banks established in China, with a registered capital of 654.38 billion yuan.
Banking in Beijing:
Beijing's banking business is mainly oriented to enterprises, but it is planned to take retail finance business as the primary driving force to promote the development of banks in the future. Providing supporting financial services for a number of budget units, creating green financing channels for small and medium-sized enterprises, and launching intellectual property pledge loan business. SME secured loans have become a high-quality brand of financial services of the bank.
Scope: Absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic settlement; Handle bill discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds; Engage in interbank lending; Provide guarantee; Acting for payment and insurance agency business; Provide safe deposit box business;
Handle the entrusted loan business of local financial credit working capital; Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; Inter-bank foreign exchange lending; International settlement; Settlement and sale of foreign exchange; Acceptance and discount of foreign exchange bills; Foreign exchange guarantee; Credit investigation, consultation and witness business; Buying and selling foreign currency securities other than stocks and acting as an agent; Self-operated and valet foreign exchange transactions (under spot). Other businesses approved by China Banking Regulatory Commission.
Reference to the above content: Baidu Encyclopedia-Bank of Beijing
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